Save Article

Sprint Plans 550 More Job Cuts

Updated May 10, 2004 12:01 a.m. ET

Sprint Corp. announced it will lay off an additional 550 workers by the end of the year as it restructures its wireless and traditional phone divisions, bringing the total number of job cuts to 2,550. The Overland Park, Kan., telecommunications concern made its projections in a quarterly filing with the Securities and Exchange Commission. The company previously announced plans to cut 2,000 jobs as part of its restructuring. The job cuts come from various divisions within the company. A spokesman couldn't give an exact breakdown of from where the job losses would come. As of March 31, the company had laid off 1,750...